iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Down 59.7% in December

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,175,117 shares, a drop of 59.7% from the December 15th total of 2,919,482 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 2,835,945 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 2,835,945 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Core Total USD Bond Market ETF

Several large investors have recently made changes to their positions in IUSB. CIBC Private Wealth Group LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter worth approximately $27,000. Team Financial Group LLC lifted its stake in iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after acquiring an additional 218 shares during the last quarter. Chapman Financial Group LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter worth $31,000. Collier Financial bought a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $32,000. Finally, Richardson Capital Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock traded up $0.07 during trading on Wednesday, hitting $46.76. 3,095,905 shares of the stock were exchanged, compared to its average volume of 3,660,689. iShares Core Total USD Bond Market ETF has a 12 month low of $44.74 and a 12 month high of $47.20. The stock’s fifty day moving average is $46.66 and its 200 day moving average is $46.50. The stock has a market cap of $34.69 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.1648 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.2%.

iShares Core Total USD Bond Market ETF Company Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.